Ten sectors of industry in order of capital intensiveness (Fixed Asset Investment to Annual Revenue): 1. Utilities (2.2) 2. Telecom (2.0) 3. Material (0.9) 4. Energy (0.8) 5. Industrial (0.6) 6. Consumer Discretionary (0.5) 7. Information Technology (0.4) 8. Consumer Staple (0.3) 9. Health Care (0.2) 10. Financial (0.2) Source: Standard & Poor’s Research Insight®,7 12/31/09. Fixed Assets calculated as Property, Plant & Equipment plus Accumulated Depreciation.